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d. Sold 5 million of the treasury shares purchased in part c for ( $ 65 ) million e 1. Declaration and payment of cash

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d. Sold 5 million of the treasury shares purchased in part c for \\( \\$ 65 \\) million e 1. Declaration and payment of cash dividends of \\( \\$ 33 \\) million. Journalize the declaration of the dividend only. You will prepare the journal entry for the payment of the dividend next. e 2. Declaration and payment of cash dividends of \\( \\$ 33 \\) million. e 2. Declaration and payment of cash dividends of \\( \\$ 33 \\) million. Now joumalize the payment of the cash dividends. equirement 2. What was the overall effect of these transactions (parts a through e) on Mountain's stockholders' equity? (Enter a net decrea; he overall net increase (decrease) on stockholders' equity, in millions, is Data table credits. Exclude explanations from any journal entries.) b. Issuance of 10 million shares of oommon stock for \\( \\$ 14,00 \\) per share. c. Purchase of 11 million shares of treasury stock for \\( \\$ 121 \\) million. More info a. Net income, \\( \\$ 442 \\) million b. Issuance of 10 million shares of common stock for \\( \\$ 14.00 \\) per share c. Purchase of 11 million shares of treasury stock for \\( \\$ 121 \\) million d. Sold 5 million of the treasury shares purchased in part c for \\( \\$ 65 \\) million e. Declaration and payment of cash dividends of \\( \\$ 33 \\) million d. Sold 5 million of the treasury shares purchased in part c for \\( \\$ 65 \\) million e 1. Declaration and payment of cash dividends of \\( \\$ 33 \\) million. Journalize the declaration of the dividend only. You will prepare the journal entry for the payment of the dividend next. e 2. Declaration and payment of cash dividends of \\( \\$ 33 \\) million. e 2. Declaration and payment of cash dividends of \\( \\$ 33 \\) million. Now joumalize the payment of the cash dividends. equirement 2. What was the overall effect of these transactions (parts a through e) on Mountain's stockholders' equity? (Enter a net decrea; he overall net increase (decrease) on stockholders' equity, in millions, is Data table credits. Exclude explanations from any journal entries.) b. Issuance of 10 million shares of oommon stock for \\( \\$ 14,00 \\) per share. c. Purchase of 11 million shares of treasury stock for \\( \\$ 121 \\) million. More info a. Net income, \\( \\$ 442 \\) million b. Issuance of 10 million shares of common stock for \\( \\$ 14.00 \\) per share c. Purchase of 11 million shares of treasury stock for \\( \\$ 121 \\) million d. Sold 5 million of the treasury shares purchased in part c for \\( \\$ 65 \\) million e. Declaration and payment of cash dividends of \\( \\$ 33 \\) million

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